Sprint to Get iPhone 5

By

Joann S. Lublin And

Spencer E. Ante

August 24, 2011

Sprint Nextel Corp. will begin selling the new version of the Apple iPhone in mid-October, people familiar with the matter said, filling a huge hole in the No. 3 U.S. carrier's lineup and giving Apple Inc. another sales channel for its popular gadget.

The timing, however, indicates Apple's new iPhone, which is expected to be called iPhone 5, will hit the market later than expected and too late to contribute to sales in Apple's fiscal fourth quarter, which ends in September. Most observers had expected the device to arrive...

RELATED VIDEO

Sprint will get both the new iPhone 5 and the iPhone 4 but it's unclear just how many new subscribers Sprint will be able to reel in come this fall, MarketWatch's Dan Gallagher reports on Markets Hub. (Photo: AP Photo.)